Burnaby Townhouse Market Report – May 2020

Burnaby is an active townhouse market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Burnaby based on MLS® data.

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8
Units Sold
$856,875
Avg Sold Price
33d
Avg Days on Market
Buyer's Market
Market Condition
92 active at start of month 49 new listings Absorption rate: 8.7% Highest sold: $1,310,000 Lowest sold: $555,000

How Does May 2020 Compare?

Period Units Sold Avg Sold Price Avg DOM
May 2020 (this report) 8 $856,875 33d

3-Year Price Trend — Burnaby Townhouse

The Burnaby townhouse real estate market was a Buyer's Market in May 2020, with 92 active listings at the start of the month, 8 properties sold, an average sold price of $856,875, properties averaging 33 days on market, an absorption rate of 8.7%. All data is sourced from MLS® sold records.
Hani Faraj – RE/MAX Crest Realty
Prepared by
Hani Faraj
RE/MAX Crest • 604-229-3342
Your Burnaby specialist
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Frequently Asked Questions — Burnaby May 2020

In May 2020, the Burnaby townhouse real estate market is classified as a Buyer's Market with an absorption rate of 8.7%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

Last Update: 06/03/2026   Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.

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